MORE MARGINCLICK USERS FOR EST

Exchange Systems Technology (EST) continue to attract more users for its suite of margin applications. London based ODL Securities and Varengold AG in Hamburg have selected two versions of MarginClick, the leading derivative and OTC calculation engine.

ODL, a leading on-line trading group servicing clients for exchange traded derivatives, CFD's, FX, equities and commodities have chosen the new MarginClick API. This database to database connection version of MarginClick will be integrated into the overall ODL technology STP environment.

Varengold AG have also taken MarginClick to support their growing hedge fund business as well as their existing retail and institutional brokerage units.

'These two new orders confirm EST as the leading choice for new technology components. The proven Oracle 9i relational database that underpins all of the EST suite of products allows for fast and accurate results across global instruments', says Rob Lowry Managing Director of EST.

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